[ad_1] KUALA LUMPUR: Pharmaniaga Bhd’s net loss widened to RM49.3mil in the third quarter ended Sept 30 compared with RM13.9mil achieved in the same period last year. Revenue for the…
Tag: PN17
AirAsia X appeals Bursa Malaysia decision to block PN17 exit
[ad_1] AirAsia X (D7, Kuala Lumpur International) has appealed a Bursa Malaysia decision to deny its application to exit PN17 status. AirAsia X filed notice of the appeal on November…
AAX enters charter to move Malaysian troops
[ad_1] KUALA LUMPUR: AirAsia X Bhd (AAX) has entered into a passenger charter and ancillary agreement with AirAsia Bhd (AAB) to operate charter flights to transport the Malaysian Battalion (Malbatt)…
Capital A’s Aetherium deal augurs well
[ad_1] PETALING JAYA: Capital A Bhd’s proposed business combination with Aetherium Acquisition Corp is generally viewed positively by analysts. On Wednesday, the aviation group announced that it had entered into…
AirAsia X’s PN17 rejection casts doubt on acquisition of Capital A’s aviation business — analysts
[ad_1] KUALA LUMPUR (Oct 20): The recent rejection of AirAsia X Bhd’s (AAX) application for upliftment from Practice Note 17 (PN17) status by Bursa Securities has cast doubts on the feasibility…
Capital A seeks extension of time to submit regularisation plan
[ad_1] KUALA LUMPUR: Capital A Bhd is seeking an extension from Bursa Malaysia to submit its regularisation plan. In a filing with Bursa Malaysia, the PN17 company said it submitted…
FSBM rights issue subscription rate reached 449.57%
[ad_1] KUALA LUMPUR: FSBM Holdings Bhd’s subscription applications for the rights issue in connection with the regularisation plan have reached a subscription rate of 449.57 per cent. In a statement…
Bursa rejects Pharmaniaga’s appeal for a second standalone private placement proposal
[ad_1] PETALING JAYA: Bursa Malaysia has dismissed financially distressed Pharmaniaga Bhd’s appeal to undertake a second standalone private placement proposal. In a filing with Bursa Malaysia, the Practice Note 17…
Serba Dinamik net loss widens to RM1.3bil
[ad_1] KUALA LUMPUR: Serba Dinamik Holdings Bhd reported a net loss of RM1.3 billion for the financial period ended June 30, 2023, compared to RM1.09 billion a year ago, due…
KNM CEO asks if takeover attempt a ‘cheaper way’ to acquire group’s units
[ad_1] KUALA LUMPUR: KNM chief executive officer (CEO) and managing director Ravindrasingham Balasingham alleged that the emergency general meeting (EGM) requested by German tycoon Andreas Heeschen to remove the current…